M+ Online Market Wrap – 20 Nov 15: KLCI +1.83 pts (+0.11%) @1,661.89 pts. The FBM KLCI extended its gains by 0.1% after hovering in the positive territory for most of the trading session. The lower liners – FBM Fledging and FBM Ace, however, fell 0.1% each, owing to mild profit taking activities, while the Industrial (-0.1%) and Mining (-0.8%) sectors underperformed the broader market. On the FBM KLCI, there are 11 advancers, 14 decliners and 5 traded unchanged. WTI Crude oil price stood at US$40.54.

Volume: 2.97 bln (3-month avg vol: 2.17 bln) & Value: 1.96 bln :arrow_up::441, ::arrow_down:426 
FCPO -RM10@RM2,289
Dow Futures +31

Active stocks: 
INSTACO@RM0.315, GLOTEC +2.0sen@RM0.065, EAH@RM0.135, HIBISCS@RM0.285 

Potential stocks:

ARMADA +4.0sen@RM1.05, price formed a bullish engulfing candle to close above the EMA120 level with improved volumes. The MACD Histogram has turned green, while the RSI hovers above the 50 level. 

OKA +2.5sen@RM0.915, price has re-tested the RM0.925 resistance level with high volumes. The MACD Line has given a “Buy” signal, while the RSI is at the 50 level. 

FGV +7.0sen@RM1.84, price gapped up to close above the EMA20 level with improved volumes. The MACD Histogram has turned green, while the RSI has rebounded off the 50 level. 

Source: Bloomberg, M+ Online

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